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Jan 25, 2013
01/13
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KRCB
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and realistically you've got to pov both ends this is what president obama calls balance and what the republicans call nonsense because it involves raising taxes. i think you have to do bovment i think you have to have more revenue and you have to cut back spending. >> susie: let's say congress doesn't do that. what happens next? explain to people what happens next. >> i think the real risk is that we come to a showdown in march when the current stopgap budget ends and we face the government shutdown. people will lose svices. pele wl lose jobs. and there will be a fiscal contraction, on top of the ones that we've already put in place. and that's not great for the economy, for sure. >> you know, and this whole conversation about a budget and the deficit and all of that. it's all about raising taxes and cutting spending. and there's no discuss about growth. and that is what americans really want. growth and jobs. what do we have to do to get growth? >> well, the badh6+suz there, susie s that while higher growth is by far the best remedy, it's very hard to put if into effect. in a sizabl
and realistically you've got to pov both ends this is what president obama calls balance and what the republicans call nonsense because it involves raising taxes. i think you have to do bovment i think you have to have more revenue and you have to cut back spending. >> susie: let's say congress doesn't do that. what happens next? explain to people what happens next. >> i think the real risk is that we come to a showdown in march when the current stopgap budget ends and we face the...
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Jan 25, 2013
01/13
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WJZ
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eye 84
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and realistically you've got to pov both ends this is what president obama calls balance and what the republicans call nonsense because it involves raising taxes. i think you have to do bovment i think you have to have more revenue and you have to cut back spending. >> susie: let's say congress doesn't do that. what happens next? explain to people what happens next. >> i think the real risk is that we come to a showdown in march when the current stopgap budget ends and we face the government shutdown. people will lose services. people will lose jobs. and there will be a fiscal contraction on top of the ones that we've already put in place. and that's not great for the economy for sure. >> you know, and this whole conversation about a budget and the deficit and all of that. it's all about raising taxes and cutting spending. and there's no discuss about test test test. to do to get growth? >> well the badh6+suz there susie s that while higher growth is by far the best remedy it's very hard to put if into effect. in a sizable way. you need more investment in human beings that's education
and realistically you've got to pov both ends this is what president obama calls balance and what the republicans call nonsense because it involves raising taxes. i think you have to do bovment i think you have to have more revenue and you have to cut back spending. >> susie: let's say congress doesn't do that. what happens next? explain to people what happens next. >> i think the real risk is that we come to a showdown in march when the current stopgap budget ends and we face the...
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Jan 24, 2013
01/13
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FBC
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the last tax hike will go spending cannot deficit reduction. gerri: amelie dissing not want to cut spending, democrats just want to demonize the republicans. surprisingly, here is john dickerson. the town that the president in the white house should take care. obama's only remaining option is to pulverize, whether you succeed in passing legislation are not, his goal should be to delegitimizes opponent through a series of clarifying fights over controversial issues. for republicans to side with the coalition's most extreme elements are caused a rift in the party that will leave it at least temporarily in disarray. trying to finish off the republican party. >> i don't know what the ultimate aim is, but i think all of the issues the president wants to for some republicans will have that effect of dividing the party. we have already seen that. now what the president is going to do but what he has been doing for the last six weeks. gerri: to you. >> the president of four years ago celebrate the parsing gridlock, hope and change. now in his inaugural
the last tax hike will go spending cannot deficit reduction. gerri: amelie dissing not want to cut spending, democrats just want to demonize the republicans. surprisingly, here is john dickerson. the town that the president in the white house should take care. obama's only remaining option is to pulverize, whether you succeed in passing legislation are not, his goal should be to delegitimizes opponent through a series of clarifying fights over controversial issues. for republicans to side with...
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Jan 28, 2013
01/13
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WRC
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. >>> as hillary clinton spends her last few days as secretary of state, hear her reflections on her time in office and her relationship with president obama. >>> how long will this nasty rain stick around. weathe oh! progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh! makeover in hollywood. go to facebook.com/progresso to enter. you don't ee this every day. sailboats on the ice. they took to the ice for the 2013 gold cup world regatta championship in minnesota. boaters say there's a thrill to sailing on the ice and with some help from the wind, boats top out at about 60 to 70 miles per hour. it doesn't look safe to me. i would be nervous. there are wheels on the boats. you see that? >> is it really sailing if it's not in water? >> boat skating? i don't know. >> whatever does it for you. >>> we have sleet in d.c. right now. that's the latest. >> let's get a check o
. >>> as hillary clinton spends her last few days as secretary of state, hear her reflections on her time in office and her relationship with president obama. >>> how long will this nasty rain stick around. weathe oh! progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance...
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Jan 31, 2013
01/13
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FBC
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, which is what barack obama said in his inaugural speech last week and we have to continue bring down defense. if we can do that and raise a little bit of revenue i think we can make significant progress on getting debt under control. melissa: steve, last word. real quick. we don't have time. >> of course health care entitlements are the big problem. simon why did we create a new trillion dollar health care entitlement? that didn't make a lot of sense. we can't afford it. when you talk about negatives for the economy i think obamacare is one of them. >> i will come back and debate that in the future. melissa: thanks to all three of you coming on. hope you come be ba. you're all fantastic. >>> time for the fuel gauge report. mixed economic data from the u.s. and europe led to choppy oil trading futures. it managed to rise for the third straight session, now at the highest level since mid-september, settling 97.94 a barrel. >>> more than a thousand commercial barges are backed up on the mississippi river. oil is still leaking from two barges that slammed into a bridge near vicksburg, mi
, which is what barack obama said in his inaugural speech last week and we have to continue bring down defense. if we can do that and raise a little bit of revenue i think we can make significant progress on getting debt under control. melissa: steve, last word. real quick. we don't have time. >> of course health care entitlements are the big problem. simon why did we create a new trillion dollar health care entitlement? that didn't make a lot of sense. we can't afford it. when you talk...
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Jan 25, 2013
01/13
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CNBC
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obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little bit short of expectations at 21.46 billion dollars. eps a penny better at 76 cents. microsoft says when you count deferred revenue thing are actually a little bit better than that. a couple of highlights. windows, the windows group did better than expected at 5.8 billion in revenue. the business division did a little shy at 5.7. now jane wells has a little bit on starbucks, another big company. jane? >> reporter: john, shares have been up after hours. they were up over 3% at one point. starbucks reported its best holiday ever, best earnings per share ever at 57 cents. improving operator margins to 16.6%. stronger comp sales in the u.s. and china and
obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little bit short of expectations at 21.46 billion dollars. eps a penny better at 76 cents. microsoft says when you...
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Jan 26, 2013
01/13
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WUSA
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will spend much of this coming year taking his case campaign style directly to the people. for "cbs this morning" saturday bill plante at the white house. >>> let's take a closer look now at how the president is pressing ahead with his new agenda and how republicans are already reorganizing for the next election. jeff bellamy is with us. nice to have you in the studio with us goochld morning. >> good morning. >> there's a short opportunity for the president and there's a lot on his plate, gun control, climate control, and you have the immigration reforms he's put out there. does he risk losing on all fronts if he takes all of them at once? >> not to mention the economy. >> correct. >> the white house knows that constitutionally they have four years, but in reality they probably have one year. so a priority here is what they're trying to do. and immigration, as bill just sapiece, is going to be the top priority. and they believe they can operate on separate tracks here gun control on one track and climate change on a different track. they want to get something going at the b
will spend much of this coming year taking his case campaign style directly to the people. for "cbs this morning" saturday bill plante at the white house. >>> let's take a closer look now at how the president is pressing ahead with his new agenda and how republicans are already reorganizing for the next election. jeff bellamy is with us. nice to have you in the studio with us goochld morning. >> good morning. >> there's a short opportunity for the president and...
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Jan 28, 2013
01/13
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FBC
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we spend too much money. we do not have a revenue problem. stuart: $100 billion cut, march first, military and health spending, cut it, and you say do it. all right. congressman, republican, tennessee, thank you very much for joining us. >> thank you. stuart: buy season tickets to the favorite team, and if the team sinks or stinking, you get some of your money back. maybe the new york gelts should take note. the owner of the team offering that discount. there is a team owner who is offering discount to season ticket holders, and he's next. ]s joe woods' first day of work. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. stuart: new numbers on pendi
we spend too much money. we do not have a revenue problem. stuart: $100 billion cut, march first, military and health spending, cut it, and you say do it. all right. congressman, republican, tennessee, thank you very much for joining us. >> thank you. stuart: buy season tickets to the favorite team, and if the team sinks or stinking, you get some of your money back. maybe the new york gelts should take note. the owner of the team offering that discount. there is a team owner who is...
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Jan 25, 2013
01/13
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WRC
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president obama says he'll sign the measure which has already passed in the house. some fiscal conservatives could complicate things, saying the bill would add to the national debt. they want spending cuts in other places to offset the money in the package. >>> incredible pictures of a dramatic rescue in australia this morning. a 14-year-old boy was caught in raging floodwaters clinging to a tree. a rescuer was able to get to the boy and after struggling against the current, get him back to safety. there have been more than 20 swift water rescues in queensland. torrential rain caused heavy flooding and cut off roads including highways. >>> baseball fans are saying final goodbyes to a st. louis legend. hundreds of cardinals fans waited in line outside you a church in the city to pay respect to stan the man musial. he passed away saturday at his home in the the age of 92. he spent all 22 years of his career with the cardinals. a private service will be held for the legend tomorrow. >>> we'll get a look at your forecast in 30 seconds. first tomorrow nats fans could get
president obama says he'll sign the measure which has already passed in the house. some fiscal conservatives could complicate things, saying the bill would add to the national debt. they want spending cuts in other places to offset the money in the package. >>> incredible pictures of a dramatic rescue in australia this morning. a 14-year-old boy was caught in raging floodwaters clinging to a tree. a rescuer was able to get to the boy and after struggling against the current, get him...
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Jan 24, 2013
01/13
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WRC
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cuts put in place by president obama and congress between 2000 and 2010. government procurement spending grew by double digits. last year it fell by more than 5%. back to you. >> thank you. >>> redskins players are being warn good a woman claiming to be -- warned about a woman claiming to be something she's not. it's called catfishing and has been in the news because of manti te'o from notre dame. the woman uses the twitter name redridinghood. she used fake photos on line and has contacted several players. the players were picture of a porn star. a joint man who was also fooled by -- a germantown man who says he was fooled by the woman says he started communicating with her because she was a redskins fan. >> she told me she knew one guy on the 2009 roster. >> news4 spoke to phillip daniels, director of player development for the redskins. he said, "i think it was all about attention. it was just about being able to talk to players. it was never a situation where guys were giving money or anything like that." >>> if you are just waking up and you haven't lo
cuts put in place by president obama and congress between 2000 and 2010. government procurement spending grew by double digits. last year it fell by more than 5%. back to you. >> thank you. >>> redskins players are being warn good a woman claiming to be -- warned about a woman claiming to be something she's not. it's called catfishing and has been in the news because of manti te'o from notre dame. the woman uses the twitter name redridinghood. she used fake photos on line and has...
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Jan 31, 2013
01/13
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WRC
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president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>> president obama says he hopes for some form of immigration within six months. in an interview with telemundo, he says the plan must include a path to citizenship for 11 million illegal immigrants already in the country. and he says it's time for congress to act. >> we've been working on this for a long time. we know what the issues are. i've got a bill drafted. we've got language. we know what's needed when it comes to border security. we know what's needed when it comes to dealing with employers who may unlawfully hire undocumented workers. we know
president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel...
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126
Jan 30, 2013
01/13
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FBC
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eye 126
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charles: president obama does acknowledge medicare problems, even though we don't have a spending problem. this goes beyond a fiscal thing. i mean, this is real -- liz: that's right charles. the doctors are telling me it is totally opposite of what the president said he wanted, more care under health reform. this is actually rewarding for less care. stuart: this new just in on the rimm meeting. they are going to change their corporate name to blackberry. we all know they put out the blackberry and that's the name of the company, none of this research in motion stuff. okay? the stock though they are listening to very carefully with what's going on with the new blackberry 10. seems so far they like what they are hearing. look at the big board, down 24 points for the dow. that's not a very big reaction to the news this morning that our economy is contracting, at least it did at the very end of last year. maybe everybody's waiting for the 2:15 announcement of what bernanke is going to do with all that money printing in the future. maybe that's why the market -- i think you will agree with thi
charles: president obama does acknowledge medicare problems, even though we don't have a spending problem. this goes beyond a fiscal thing. i mean, this is real -- liz: that's right charles. the doctors are telling me it is totally opposite of what the president said he wanted, more care under health reform. this is actually rewarding for less care. stuart: this new just in on the rimm meeting. they are going to change their corporate name to blackberry. we all know they put out the blackberry...
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Jan 31, 2013
01/13
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CNBC
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and i think, what a bunch of crap. >> did obama say it was the republicans' fault? i saw that. >> i didn't see that. but these are the kinds of things, look at gdp. you can see why it fell. but then people go beyond that and ask it in some femetaphysic way. the dividend fell under pressure. but when you look at what was beyond the gdp components, we had a nice spice in consumer durables. some of that was people buying cars after the storm and so they're spending insurance company money. you had a light increase in inventory compared to the first quarter. that takes some of gdp away. you know you're not going to have that consumer spending for consierms going forward. you have declines in both exports and imports and that had a solid impact on gdp. but you have to be concerned about what's going to happen with exports and, of course, st weak imports. you have to be concerned about that being weak. they're not negative year over year yet, but the flows have slowed down and having declining exports and imports really a bad sign for the economy. i look at the things tha
and i think, what a bunch of crap. >> did obama say it was the republicans' fault? i saw that. >> i didn't see that. but these are the kinds of things, look at gdp. you can see why it fell. but then people go beyond that and ask it in some femetaphysic way. the dividend fell under pressure. but when you look at what was beyond the gdp components, we had a nice spice in consumer durables. some of that was people buying cars after the storm and so they're spending insurance company...
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Jan 25, 2013
01/13
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CNBC
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on gdp is an okay number because i've increased entitlements for obama care, i've done other things where i've increased entitlements. i want to bring tax revenues up to 25%. i don't want to meet at 18 or 20 like we've had for so long, would that be okay with you if it was 25%? would that be anti-growth for the private sector? >> my view is you should decide -- what is it you think the government should do. you don't pick a number. you pick a -- >> so -- >> the aging of the population in the u.s. implies that the correct number of white -- >> -- hire -- >> -- is going to change over time because if you say i think the government should be helping people with their retirement through a social insurance like social security then it means the government size number is going to change over time, not just a fixed number. >> but if you look back at the last 60 years the average has been around 22%. >> so yes, if you try to fix it at 22% you're implicitly saying i'm going to pretend like the aging of the population is not happening. so i'm going to fix it, the spending levels at what they
on gdp is an okay number because i've increased entitlements for obama care, i've done other things where i've increased entitlements. i want to bring tax revenues up to 25%. i don't want to meet at 18 or 20 like we've had for so long, would that be okay with you if it was 25%? would that be anti-growth for the private sector? >> my view is you should decide -- what is it you think the government should do. you don't pick a number. you pick a -- >> so -- >> the aging of the...
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Jan 28, 2013
01/13
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CSPAN2
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spending was the reason that congress and president obama raised the debt ceiling by $2.1 trillion just a year and a half ago. now, in 2006, the junior senator from illinois, senator obama, came to the floor, made a very passionate and thoughtful statement here on the senate floor in opposition to raising the debt limit. many of the reasons that he gave then are relevant today. in fact, they are even more appropriate because the national debt is much, much higher. and we have a fiscal mess. it's instructive for my colleagues to hear the words straight from then-senator obama. he delivered these remarks on march 16, 2006. at that time the senate was debating raising the debt limit by $781 billion to a new limit then that seems very small today, about half what it is today, raising the limit of 2006 to $8.9 trillion. so i thought it would be worth for the president's benefit as well as our benefit to go over what then-senator, now-president obama had to say, and so i'm going to quote partially from his speech. and this is from 2006, dealing debate -- -- quote -- "the fact that we are here
spending was the reason that congress and president obama raised the debt ceiling by $2.1 trillion just a year and a half ago. now, in 2006, the junior senator from illinois, senator obama, came to the floor, made a very passionate and thoughtful statement here on the senate floor in opposition to raising the debt limit. many of the reasons that he gave then are relevant today. in fact, they are even more appropriate because the national debt is much, much higher. and we have a fiscal mess....